Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.111%
Price spread now: Injective against Gate+1.854%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 1.854% dearer against Gate than usual: you sell high and buy low (spread +1.854% now, against zero (this spread has no 7-day history yet)): +$185 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ALT_USDT | 0.007551 | 0.0100 | pay 0.0100% / 8h | 2h 14m | $50K | $394K | 25x |
| Short | Injective ALT/USDC PERP | 0.007691 | 0.0033 | get 0.0004% / 1h | 14m 20s | $837 | $4K | 5.5x |
Gate ALT_USDT
Injective ALT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +1.854% → 0.000%
- $185.41
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $156.39
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 31 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 31 min ago | 3.30 bp | 376.8 bp −$377 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALT on 14 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | −0.0472% | 1h | 0.007569 | +0.234% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007562 | +0.146% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERPshort | +0.0033% | 1h | 0.007691 | +1.854% | $837 | $4K | 5.5x | |
| Variational Omni ALT | +0.0041% | 4h | 0.007540 | −0.149% | $4K | $16K | — | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007550 | −0.013% | $1.1M | $143K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007557 | +0.077% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007557 | +0.079% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDTlong | +0.0100% | 8h | 0.007551 | long leg | $50K | $394K | 25x | |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007555 | +0.053% | $379K | $172K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007551 | 0.000% | $145K | $19K | 30x | as long as short |
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Variational Omni ALT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
MEXC ALT_USDT
KuCoin ALTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007549 | −0.026% | $606K | $132K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007553 | +0.026% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0158% | 4h | 0.007554 | +0.040% | $169K | $9K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0408% | 1h | 0.007691 | +1.854% | $14K | $3K | 50x | as long as short |
Bitget ALTUSDT
BingX ALT-USDT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX